Ann: Positive Interim Data from ATH434-202 Phase 2 Clinical Trial, page-148

To be honest, I don't know how the options would hold back the price at this point. If the exercise price is 0.007, then nobody is selling at 0.004/0.0055 to buy at 0.007 later on. If the price was over 0.007 then yes, people selling higher knowing they can risk free buy back at 0.007.

The public is probs more worried about getting sold into by the company at over 0.005 and over, just at they were post news.

i really like the science, and the way they are progressing is methodical and robust but selling for pocket money into the momentum was one of the worst moves I have ever seen on the ASX. This market sale facility should be subject to the same blackout periods as the director sale rules.